Armenian dram stayed stable despite velvet revolution: PashinyanSeptember 17, 2018 - 16:32 AMT PanARMENIAN.Net - The Armenian dram has maintained its stability despite the velvet revolution that took place in the country in April-May, Prime Minister Nikol Pashinyan said at a meeting with the Presidents of the Central Banks of the Eurasian Economic Union (EAEU) member states on Monday, September 17. The Premier stressed the importance of cooperation among the Central banks in the EAEU space in terms of development of financial markets, promotion of the economy, introduction of new mechanisms. Pashinyan said he hopes that the heads of the financial institutions will continue their efficient and constructive dialogue for deeper cooperation. The Directors of the Central banks, in turn, briefed the Prime Minister on further steps to boost partnership, which will contribute to integration processes within economies. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says. Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |